Loading...
HomeMy WebLinkAboutFR/SR Pre Summary FormAGENDA ITem_ SummApY FOAM FILE ID: D500603 Date: /1 p/2p0S Requesting Department: Public Works Commission Meeting Date: l/l/2 District Impacted: Alt Type: ❑ Resolution Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Ordinance extender the short-term franchise agreement with Pivotal Utility Holdings. Inca formerly known as NUI Utilities. d/b/a Florida City Gan Purpose of Item: To extend the short term franchise agreement until the earlier of February 28, 2006 or the date immediately preceding effective date of any subsequent franchise agreement entered into by the City and the Franchisee. Background Information: The term of the Franchise expires August 28, 2005 and the City and the Franchisee desire to enter into a new long-term franchise agreement but have not yet concluded negotiations on the acceptable terms of such agreement, The City and the Franchisee have agreed to extend the short term agreement in order to allow time to negotiate the terms and conditions for a long term Agreement. This will enable households within the City of Miami to continue to receive gas services from the Franchisee and allow the City to continue to receive franchise fees. jludget Immact Analysis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identitj► funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: _Q,QQ Maintenance Cost: &Q M Total Fiscal Impact: $OLQO Final ArRrovi]s (SIGN ANDpATEI p Budget !Staling or receiving capital Rinds Grants Risk Managem Pui%his 11 Dept. Director Chie `~---•-�-�. City Manager Page 1 of I